Non Traditional Gifting

Ways to give during your lifetime:

Monetary Gifts
Through our tithes & offerings, we are able to support the immediate needs of ministry at Avondale Bible Church.

Marketable Securities
Marketable Securities such as transferring ownership of stocks, bonds or mutual fund shares are a great way to maximize your giving, because you may receive an immediate tax deduction for the full fair market value of your securities. In addition, you pay no capital gains tax on the difference between your cost and the fair market value. You will want to consult with your tax or financial advisor to determine the best method to give.

The following example shows the value of donating $500 in appreciated stock/mutual funds:

Assumptions:  Cost of stock:  $10 per share//Current stock value: $50 per share//Donor’s tax rate: 25%

Cash Donation:  Deduction: $500//Cost: $375 ($500, less value of deduction @25% tax rate)

Ten Shares Donated directly to Avondale Bible Church: Deduction $500//Cost: $25

($100 historical cost of stock, less value of $500 deduction @25% tax rate, or $125).

Real Estate and Assets
Making a gift of real estate or personal assets such as undeveloped lands, farms or personal residences or personal property may be transferred by deed to Avondale Bible Church, and possibly with no liability on income or estate taxes on the appreciation. Please contact your real estate or tax advisor for more information on giving real estate.

Ways to give for your legacy:

You may also ensure that you leave a legacy at Avondale Bible Church through planned giving once you have been promoted to Heaven. Perhaps you have been deeply impacted through one of the many ministries at Avondale Bible Church that you would like to leave a lasting impact to ensure these ministries impact others even after you are gone. You may also help by paying down the debt, or help make capital improvements to the church such as new carpeting or sound systems. If you have planned in advance to give a gift as part of your overall personal financial strategy, we recommend that you discuss your decision with your tax or financial advisor.

There are several different types of gifts that may fall under this category, many of which are very simple to make and do not require any formal communication to us. These Include:

Life Insurance
You may simply name Avondale Bible Church as a beneficiary to your Life Insurance plan.

Retirement Assets
You can name Avondale Bible Church as a beneficiary of your IRA, 401(k) or other qualified retirement plan. Any amounts left in your plan will transfer to Avondale Bible Church free of income or estate tax.

You can name Avondale Bible Church as a beneficiary and your estate will receive and income tax deduction for the value of your bequest. A bequest in a will can be made for either a percentage or amount, and may be designated towards a specific cause.


Other types of long term giving:

Charity Gift Annuity
Cash or marketable securities are transferred to a charitable organization in exchange for a current income tax deduction and the organization’s promise to make fixed annual payments to you for life

Charity Lead Trust
Cash or marketable securities are transferred to a trust, which makes fixed payments to the charitable organization over a specific period of time, then transfers the remaining assets to your heirs.